300000 R/T's a day! The Rotter Interview.

Nothing new there, he certainly hasn't given anything away, he doesn't need to either, anybody trading schatz sees him all the time, the guy has big b*lls and trades in size that would make most of us run for the toilet. I hope he stays away from the other markets I trade.
 
tw,

I see you are right, nothing new here, this article was posted a month ago in another threat.. I do apologize for my haste.

I have no experience in this area, so please excuse a laymans question. Is it the size and order activity that gives this guy away, obviously he doesn't have a sign next to his order saying ' Rotter's order'? If so is it possible for others to workout just what a big flipper is up to from the order flow and coat tail the trade. Or with smaller size this is just impossible?

cheers
 
Well, I do not know everything he does but one thing he does do works like this.
He puts a large e.g. Bid in Scahtz and waits for the other locals to join the volume on the bid, when he has some volume joining him he pulls his bid takes out all the volume that has joined him and goes large on the Ask at that same price so that it looks like the new next lower bid is gonna trade out. He will likely be on that new bid or he will have spread the position to the bobl or bund. It works but makes him rather unpopular with the other locals who can no longer place any confidence in the schatz bid/ask volumes. I have been caught on this a number of times and it is not very pleasant, I have bought Mr Rotter a few good lunches I suspect but I am fortunately only playing thhe schatz in small size.
 
twalker said:
............ I have been caught on this a number of times and it is not very pleasant, I have bought Mr Rotter a few good lunches I suspect.........
Click to expand...

I'm sorry to hear that TW, but thanks for explaining that, it was very clearer compared to what I tried to pick-up in other threads.

All I can say for the future is MORE VOLUME and ESP to you dude! :cool:
 
nice work era , he states his biggest strength is his ability to scale up aggressively when in a winning phase , something i completely agree with , though i've written dozens of posts saying exact same thing virtually no one has ever agreed with me , i suspect gearing up aggressively is is merely an affliction of succsesfull traders , we want more not less , in other words "bring it on ".Though i don't agree he's the worlds most succsesfull trader !!
 
the article being discussed is quite an old one... there was another much more interesting 4 page interview with Paul Rotter in last months Trader Monthly issue. I've not seen any copy of that article online yet tho
 
Arbitrageur said:
the article being discussed is quite an old one... there was another much more interesting 4 page interview with Paul Rotter in last months Trader Monthly issue. I've not seen any copy of that article online yet tho
Click to expand...


i have being trying to get hold of a copy of this second interview for quite a while now! does anyone have a copy?
 
bringing this thread back to life.... you know he has got a hedge fund now. do you think he still uses same techniques or do you think ther is more structure. he claims in his prospectus that they trade more in certain derivatives than major banks in day
 
Hey guys, newbie question,
How on earth can a person complete 300000 roundtrips in a day?
One can only have pity on his poor, possibly melted, computer mouse.
 
I think at the time he was flipping 10,000 contracts around per trade, so thats actually only about 30 trades although I'm sure what he was doing was not quite that simple
 
Hes basically a bookmaker then,just putting in large volume and trying to cover both sides,bet hes been cuaght a few times
 
You must log in or register to reply here.

Similar threads

Directional
Trader Monthly - Paul Rotter Flipper interview
Replies
8
Views
10K
Directional
Directional
timsk
Trader Interviews
2
Replies
34
Views
14K
Trader333
Trader333
Sharky
  • Sticky
Featured T2W Articles - Jumbo List
Replies
1
Views
2K
Quantt
Quantt
Steve Palmquist
  • Article
Interviews Steve Palmquist Interview
Replies
1
Views
5K
bhatambarekar
B
T
Larry Levin Newsletter: Rate Hike!
Replies
0
Views
2K
traderkenny
T
Top